Vinod Khosla Holds Biofuel Investments Close

The initial public offering is the coveted liquidity event for most venture capitalists. But Vinod Khosla, a stalwart supporter and believer in the promise of the biofuels market, hasn’t taken money off the table in his biofuels portfolio companies that went public in 2010 and 2011. In fact, Mr. Khosla has redoubled his commitment to his largest bet, KiOR Inc., on Thursday.

The public market has given Khosla’s biofuels companies the cold shoulder, with the market capitalizations of Amyris Inc., Gevo Inc. and KiOR collapsing over the years post-IPO, mostly due to technical and operational delays the companies ran into. But for Mr. Khosla the game is clearly not over.

Here’s a look at Mr. Khosla’s three public biobased fuels and chemicals companies and how they have fared.

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